Stanmore Resources Limited (SMR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Stanmore Resources Limited June 2026 quarterly activities report investor briefing. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you'll need to press the star key followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Mr. Marcelo Matos, Chief Executive Officer and Executive Director. Please go ahead. Thank you. Good morning, everyone. Thanks for joining us as we take you through our second quarterly activities report for 2026. With me today is Shane, our Chief Financial Officer. Overall, this has been an excellent quarter. Operations recovered well to deliver a rebound in ROM production following a weather-affected first quarter. And most importantly, this was achieved safely. This has supported year-to-date saleable production of 6.5 million tons, which is tracking comfortably within our REIA firm's two-year saleable production guidance. At this point in time, we are aiming to conclude the year at the upper end of the saleable production range, with a second-half production profile supported by healthy opening run stockpiles of more than 1.2 million tons and a significant Pre-Preparation Works completed over the second quarter. On the project side, we submitted the Environmental Impact Statement for the Isaac Downs Extension Project during the month of June to the Queensland Commonwealth Government in line with our expected timeline. I will let Shane discuss in more detail, but we have also been busy on the corporate side with the completion of a refinance of our Senior Corporate Debt Facility. The successful transaction received an overwhelming level of support that enhances th...